- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Silver Price Analysis: Potentially resuming short-term uptrend after correction
Silver Price Analysis: Potentially resuming short-term uptrend after correction
- Silver is possibly resuming its short-term uptrend after completing a correction.
- The preceding correction took the form of a possible abc correction that looks complete.
- Silver is sideways on higher time frames.
Silver (XAG/USD) has been in a short-term uptrend since early August but after peaking on August 20 it pulled back down. This correction may have bottomed out now and the precious metal could be at the start of a resumption of the prior uptrend.
The correction possibly unfolded in the form of a three-wave abc correction. Given wave “c” reached a similar length to wave “a” the pattern has now probably finished. This makes it more likely Silver could be resuming its dominant short-term uptrend.
Silver 4-hour Chart
Silver has broken above resistance at $29.21 (August 2 high) and is on its way up to the next key resistance level at the top of wave “b” of the abc correction at $29.74. A break above that would provide more confirmation the uptrend was resuming.
The next upside target after that lies at the $30.61 resistance high (July 18 swing high).
The trend on the medium and longer-term charts is unclear and therefore probably sideways, indicating little directional bias from higher time frames.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
